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Old 01-06-2013, 06:05 PM   #13
Cyclone
Senior Member
 
City: Saanich BC
Vessel Name: Therapi
Vessel Model: 1998 Bayliner 4087
Join Date: Nov 2012
Posts: 162
The French gave us two very important sayings "MAYDAY" and "caveat emptor". Both can be applied to the yacht brockerage industry. Most of these guys failed at selling used cars and mutual funds. Given that aspect Yachtworld can only lead you to a potential vessel which is for sale. Failure to due due diligence prior to hiring a surveryor will lead you to the poor house. Pictures from manufacturers sales brouchers as well as pictures from the early days of ownership prevail.
We looked at over twenty boats before buying, only two came even close to being acceptable. One had a bilge full of oil, another a blown battery, another the stern was full of rot. Another the fridge was so dirty and full of frost that one wondered why it still ran. The broker commented that he had not seen the boats for a number of weeks, if ever in my view.
Use Yachtworld with caution. Also private sales are not much better. Everyone in this market wants to minimize the financial impact and get the best $ for the least work. Would anyone sell a home without at least ensuring that it was clean and orderly? Enought said. Bill
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